-The Financial Express Food minister KV Thomas’ proposal of giving grain as part payment of wages under the MGNREGA stands to undo most of the progress the government has made in trying to curb leakages in distribution of subsidies. While close to half of food to be given through ration shops is believed to be making its way to the open market, the UIDAI-based system’s attempt is to give cash grants...
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States slow on poverty census, deadline expires-Prasad Nichenametla
Uttar Pradesh, which supposedly has a high proportion of the country's poor, has not begun the job of enumerating them even three-and-a-half months after the first deadline set by the Centre lapsed. The project started in June 2011, with the target of completing the job by the end of 2011. The Centre then extended the deadline to April. Bihar has covered just 0.1% of the population. While there is no word from...
More »Record foodgrain estimate won’t lead to lower prices-Ruchira Singh
Rice, wheat production seen at highest ever, but other commodities show a decline from previous year’s harvest The government estimated a record high foodgrain crop for the 2011-12 crop year that ends in June, driven mainly by higher output of rice and wheat, but experts said prices are likely to remain firm and keep inflation at around 7%. The likelihood that the government will increase the minimum prices it guarantees farmers for...
More »CCI imposes Rs 317cr fine on 3 firms for collusive bidding
-PTI Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive bidding to supply ALP tablets to Food Corporation of India (FCI). The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel Crop Care, and Sandhya Organics -- have been fined 9 per cent of the their three years' average profits. ALP tablets are used by the FCI for preserving its central pool...
More »Government under attack in Lok Sabha on price issue
-PTI Government came under attack in the Lok Sabha today on the issue of price rise with the Left parties demanding that an all-party meeting as also a conference of Chief Ministers be convened soon to take concrete steps to check the price line. Raising the issue during Zero Hour, CPI(M) leader Basudeb Acharia accused the government of "total failure" in reining prices despite several assurances from the Prime Minister and the...
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